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disa [49]
2 years ago
13

A young person decides to put aside some money for retirement by putting $1,000 in a 30-year savings bond that pays 3.0% simple

interest per year. The interest compounds. How much money will the person have after 30 years?
Mathematics
1 answer:
Pavel [41]2 years ago
5 0

Answer:

2427.26 $

Step-by-step explanation:

Just use this formula when you have such type of problems:

N = N° (1 + %)^t

Where N = final amount

           N°= initial amount

           t = peroid of time

Now let's solve:

N = 1000(1 + 0.03)^30

N = 2427.26

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Using sampling concepts, it is found that the best way to perform a randomized experiment with the goal of determining if this new hamburger will sell better than the hamburger that is currently sold is as follows:

Randomly select 40 restaurants, let each one decide if it wants to sell the new hamburger, and compare sales in those restaurants to sales in the restaurants that chose not to sell the new hamburger.

<h3>What is sampling?</h3>

It is is a common statistics practice, when we want to study something from a population, we find a sample of this population.

For example:

I want to estimate the proportion of New York state residents who are Buffalo Bills fans. So i ask, lets say, 1000 randomly selected New York state residents whether they are Buffalo Bills fans, and expand this to the entire population of New York State residents.

In this problem, a sample of randomly selected restaurants should be taken to sell the new hamburger, and then be compared with the ones who sell the old hamburger to see if sales increased, hence the correct option is:

Randomly select 40 restaurants, let each one decide if it wants to sell the new hamburger, and compare sales in those restaurants to sales in the restaurants that chose not to sell the new hamburger.

More can be learned about sampling concepts at brainly.com/question/25122507

3 0
2 years ago
3 intersecting lines are shown. A line contains points E, D, A, and B. Another line intersects the line at point A and contains
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Answer:

The one with arrows are the answers

->Line segment E B  is bisected by Line segment D F .

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->FA = One-halfFC.

Line segment D A is congruent to Line segment A B .

Step-by-step explanation:

I did it on edge and got it right

5 0
3 years ago
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Suppose two variables x and y are inversely proportional; then we can represent them as x ∝ 1/y. That means, if the value of x increases, then the value of y decreases and vice versa.

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